Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$584,454$584,454$832,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$248,046$0
Funding fee$2,922$2,922$0
Note rate3.090%3.090%7.240%
Blended rate3.090%4.478%7.480%
1st payment$2,780.61$2,780.61$5,673.47
2nd payment$0.00$1,601.97$0.00
Taxes / mo$770.83$770.83$770.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$166.50
HOA / mo$5.00$5.00$5.00
Total monthly$3,773.11$5,375.07$6,832.47
Cash to close$340,546$92,500$92,500